Discover an exceptional opportunity to own a home or income-producing property in one of Los Angeles’ most desirable central neighborhoods. Located just one mile from the University of Southern California and USC Village, this charming 2-bedroom, 1-bath residence combines comfortable living with strong investment potential. Inside, the home features a warm and functional layout highlighted by original hardwood floors, a generous living room, a formal dining space, and a well-equipped kitchen complete with appliances and an in-unit washer and dryer. The updated bathroom showcases tasteful tile work and a glass-enclosed shower, enhancing the home’s overall appeal.Situated within the AdamsNormandie Historic Preservation Overlay Zone (HPOZ), the property offers convenient access to Downtown Los Angeles, L.A. Live, the Coliseum, BMO Stadium, Exposition Park, Trader Joe’s, and the future Lucas Museum of Narrative Art. Nearby access to the 10 and 110 freeways makes commuting throughout the city quick and convenient. Adding significant value, the property includes Ready-To-Issue (RTI) plans for a detached 2-bedroom, 1-bath Accessory Dwelling Unit (ADU) featuring a private entrance and separate address. The plans also include the addition of a second bathroom to the main residence, enhancing functionality and livability. Upon completion, the ADU is projected to generate approximately $3,000 per month in rental income, while the main home has previously rented for $3,200 per month offering a combined potential income exceeding $6,200 monthly.Attractive financing programs are available for both first-time and repeat buyers. Please call for details.
Property Details
Price:
$749,000
MLS #:
26656785
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16midlosangeles
Listed Date:
Feb 25, 2026
Finished Sq Ft:
1,072
Total Sq Ft:
1,072
Lot Size:
2,565 sqft / 0.06 acres (approx)
Year Built:
1906
See this Listing
Schools
Interior
Appliances
GD, RF
Bathrooms
1 Full Bathroom
Flooring
TILE, WOOD
Heating
WL
Laundry Features
DINC, WINC
Levels
A
Exterior
Common Walls
NCW
Spa Features
NO
Financial
Map
Community
- Address1616 W 24th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 14, 2026
8,316
Single Family Listed
85
Avg DOM
507
Avg $ / SqFt
$1,511,371
Avg List Price
Property Summary
- 1616 W 24th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $749,000 and features 2 beds, 1 baths, and has approximately 1,072 square feet of living space, and was originally constructed in 1906. The current price per square foot is $699. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,511,371.
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